Gunnebo’s Executive Management Increases Holding Through Call Options

During the last week, certain individuals of Gunnebo’s Executive Management Team have increased their holdings in Gunnebo through investing in call options, issued by the two principal owners Stena Adactum AB and Vätterledens Invest AB, at price equal to the estimated market value. The valuation of the call options has been performed by an independent party according to standard methods. The options have a term of five years.

Stefan Syrén, President & CEO, has increased his holdings with 200,000 stock options. His total holding is now 100,000 shares and 250,000 call options.

Robert Hermans, Deputy CEO and SVP Entrance Control has increased his holdings with 200,000 call options. His total holding is now 35,000 shares and 200,000 call options.

Christian Weisser, SVP Cash Management, has increased his holdings with 200,000 call options. His total holding is now 40,000 shares and 200,000 call options.

Gunnebo AB did not participate in the offer. The principal owners’ intention in issuing the call options is to encourage the Executive Management’s long-term commitment to the company.

GUNNEBO AB (Publ)
Group Communications

For more information, please contact:
Karin Wallström Nordén, SVP Marketing & Communications, tel.+46 708 283339

Gunnebo AB (publ) is a leading, global security provider offering a range of sustainable security products, services and software to retail, mass transit, public and commercial buildings, industrial and high-risk sites, and banks. Gunnebo operates within four core Business Units: Safe Storage (38% of Group sales), Cash Management (21%) Entrance Control (20%), and Integrated Security (21%).

In 2018, the Group had a turnover of MSEK 5,100 generated by 4,500 employees located in 25 countries across Europe, the Middle East, Africa, Asia-Pacific and the Americas.